Peer Analysis

Performance Ratios (%) INBK Peer Median Peer Average
ROAA 0.76 0.83 0.89
ROAE 9.00 8.22 9.53
Net Interest Margin 2.39 3.51 3.65
Efficiency Ratio 52.58 61.70 63.49
Loans / Deposits 101.92 92.19 90.71
Asset Quality Ratios (%)
NPAs / Assets 0.18 0.85 0.94
NCOs / Avg Loans 0.04 0.03 0.06
Reserves / Loans 0.66 1.23 1.26
Reserves / NPAs 291.11 109.07 119.79
Capital Ratios (%)
Tier 1 Capital 13.14 12.00 12.41
Tangible Equity / Tangible Assets 8.85 9.06 9.15
Total Equity / Total Assets 8.98 9.54 9.51
Market Ratios
Price / Earnings (x) 10.03 12.08 14.86
Price / Book (%) 85.14 128.42 125.42
Dividend Yield (%) 1.00 1.39 0.96
Data for trailing four quarters

First Internet Bancorp's peer group consists of the following: 1st Colonial Bancorp, Inc. (FCOB), 1st Constitution Bancorp (FCCY), Hopewell Valley Community Bank (HWDY), NMB Financial Corporation (NMBF), SB One Bancorp (SBBX), Somerset Hills Bancorp (SOMH), Stewardship Financial Corporation (SSFN), Unity Bancorp, Inc. (UNTY)

First Internet Bancorp's financial data is as of 9/30/2018.

Peer financial data is as of 9/30/2018 except for these companies:

Hopewell Valley Community Bank's financial data is as of 12/31/2015.
Somerset Hills Bancorp's financial data is as of 3/31/2013.